Items Tagged with 'rental prices'

ARTICLES

  • Rent just hit an all-time high… again

    Rents just keep on climbing
    With more and more renters feeling the affordability crunch, there seemed to be some light on the horizon recently with the steady rise in rents appearing to finally slow down over the last few months. Nevermind. As it turns out, rents are still going up and just hit an all-time high, again.
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  • Senate Democrats unveil sweeping rent reform proposal

    Dems introduce act that could bring tax relief to renters
    Increasing rent prices leave many American families struggling to afford housing, but Senate Democrats have introduced new legislation to help alleviate that stress. The Rent Relief Act will award a refundable tax credit to renters that pay more than 30% of their gross income on rent, including utilities.
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  • Raising children no longer pushes new parents to get a mortgage

    Renting families increase up to 73% in some areas
    Millennials waited longer than previous generations to enter the home-buying market, a phenomenon many experts blamed on low housing inventory, higher student loan debt and the younger generation’s decision to delay having a family. But now, a new study shows that even having children may not be as strong of a motivator to buy a home as it once was.
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  • Trulia: Rent prices jumped 3.1% in 2017

    Higher increases seen in hot housing markets
    Does it feel like the rent is too damn high? That’s because, according to Trulia, it is. Trulia’s latest rental analysis shows median rent increased 3.1% in 2017 with much higher increases experienced in four major metro areas.
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  • New York landlords face mounting pressure to lower rents

    Vacant properties on the rise
    Like many other areas of the country, New York experienced a boom in higher-end listings since 2013. Now, however, it faces an oversupply as the market at the top softens and the affordable homes and apartments are snatched up faster than the market can keep up with. Landlords at high-end properties are now under increased pressure to lower their rent prices, or watch vacancies increase.
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  • KBRA: Rent-to-own properties problematic arena for investors

    Let’s tap the brakes on the whole 'future of housing' thing
    A recent report from Moody's highlighted the benefits for consumers and investors that stem from Home Partners of America’s rent-to-own program, but a new report from Kroll Bond Rating Agency throws a wet blanket onto anyone who posited that rent-to-own could be the “future of housing.”
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  • Homebuilder confidence continues to hit 10-year high

    Index suggests high rental prices pushing buyers into market
    Optimism among the nation's homebuilders continues to grow as confidence in the market for newly constructed single-family homes maintained its steady rise in September. And it doesn't stop there, potential borrowers are eyeing the market again thanks to these new factors.
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